Raytheon (NYSE:RTN) has successfully tested with the on-orbit AEHF satellite.

Raytheon (NYSE:RTN) Tests Satellite

Raytheon (NYSE:RTN) has successfully tested with the on-orbit Advanced Extremely High Frequency (AEHF) satellite becoming the first company to test the AEHF.

The company’s Army Secure Mobile Anti-Jam Reliable Tactile Terminal (SMART-T) demonstrated interoperable communications with the satellite.

Raytheon (NYSE:RTN) Network Centric System’s Integrated Communication Systems’ vice president Scott Whatmough said, “Our success in this on-orbit test of AEHF, along with our demonstrated capability to develop, produce and field complex EHF and AEHF terminals for the Army, Navy and Air Force, results from a three-decade commitment to our EHF/AEHF terminal product line. In addition to being fielded today, the proven technology and modular design of our AEHF terminal product line enables us to rapidly and affordably adapt our terminals to new missions and new platforms in the future”.

Raytheon (NYSE:RTN) shares were at 42.62 at the end of the last day’s trading. There’s been a 1.3% movement in the stock price over the past 3 months.

Raytheon (NYSE:RTN) Analyst Advice
Consensus Opinion: Hold
Mean recommendation: 2.24
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.17
Zack’s Rank: 2 out of 4 in the industry